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    Springfield, IL
    Commercial Kitchen

    Springfield, IL Commercial Kitchens for Sale

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    Grandview, IL Southern View, IL Sherman, IL Rochester, IL Riverton, IL Chatham, IL Cantrall, IL Decatur, IL
    Three-Story Restaurant with Full Kitchen
    Updated: Mar 13, 2025
    Three-Story Restaurant with Full Kitchen

    620 S 1ST Street, Springfield, IL 62704

    $175,000
    0.23 AC lot
    Approximately 7,000 square feet across 3 floors
    Two bars and a full kitchen
    Originally constructed as a carriage house in the 1800s
    Less than one block from the Statehouse
    Furniture and fixtures included as‑is
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    Equipped Restaurant with Bar
    Updated: Apr 28, 2025
    Equipped Restaurant with Bar

    301 W N Grand Avenue, Springfield, IL 62702

    $429,900
    Approximately 4,800 SF restaurant and bar property
    Commercial kitchen with pizza ovens, walk‑in cooler and freezer
    Tables, chairs, restaurant equipment, and small wares included
    Three parcels with ample parking
    Metal roof replaced in 2018
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    Furnished Restaurant with Full Kitchen
    Furnished Restaurant with Full Kitchen

    716 Enos Avenue, Springfield, IL 62702

    $184,900

    R-5(b) zoning accompanies a furnished restaurant with dedicated dining, kitchen, storage, and parking components.

    View details
    See hot listings in Springfield

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Springfield, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Restaurant and Bar with Event Space
    Restaurant and Bar with Event Space

    1230 5TH Street, Lincoln, IL 62656

    $190,000
    0.33 AC lot

    Commercial-zoned property with indoor dining, a commercial kitchen, and outdoor gathering areas.

    View details
    Corner Retail Building with Kitchen
    Corner Retail Building with Kitchen

    701 W ADAMS Street, Taylorville, IL 62568

    $199,000
    0.46 AC lot

    Commercial retail building with flexible open space, private offices, customer parking, and a commercial kitchen.

    View details
    Restaurant and Bar with Event Space
    Restaurant and Bar with Event Space

    1230 5th Street, Lincoln, IL 62656

    $190,000

    Commercial restaurant property with two bars, a substantial kitchen, event areas, and an outdoor beer garden.

    View details
    Bar and Pub with Full Kitchen
    Bar and Pub with Full Kitchen

    104 W Taylorville Road, Taylorville, IL 62568

    $315,000

    Food-and-beverage venue with dining, banquet, gaming, patio, and commercial kitchen areas.

    View details

    Springfield, IL Commercial Kitchens Market Trends and Statistics

    Explore 3 commercial kitchens for sale in Springfield, IL, showcased through 3 active listings on our real estate platform.

    Sale prices for industrial kitchens in Springfield, IL start at $175,000, averaging $263,266, and reaching up to $429,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 30
    Bars & Pubs 12
    Drive through restaurants 9
    Commercial kitchens 5

    Demographics Overview

    Population 138K
    Population Growth (5Y) +1.9%
    Median Household Income $70,314
    College Educated 9.5%

    High-Yield Neighborhoods for Investment

    Identify Springfield submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    62704 $175K
    62702 $307.4K

    Taxes & Financing

    Tax Rate (average for all types) 8.64%
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Sangamon County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Springfield fall within the 10,000 to 25,000 square foot range.

    How Realmo verifies these figures

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    Most Searched ZIP Codes in Springfield, IL

    • 62702
    • 62704

    Featured Springfield Real Estate Agencies

    Realmo connects you with licensed Springfield CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Keller Williams Capital
    3171 Robbins Road Springfield, IL 62704
    Phone: 12175534368
    www.kwspi.com
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